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Chart of the Day: Singapore's AUM up 7% to $2.7t
55% of total funds came from Asia Pacific.
This chart from the Monetary Authority of Singapore (MAS) shows that total assets managed by Singapore-based asset managers grew by 7% YoY to reach $2.70t, up from $2.60t in 2015. Assets under management (AUM) expanded at a 15% compound annual growth rate (CAGR).
Around 78% of these were sourced from outside Singapore.
Asia Pacific remained the biggest source of funds with a 55% share whilst 19% of the total funding was from the US.
Meanwhile, 17% of AUM fund sources came from Europe and 9% came from the rest of the world.
MAS said this demonstrates Singapore’s role in serving regional and international investors.
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